School fees planning
As with pensions and retirement income, successful planning for school and university fees needs to be started as early as possible. This allows a fund to be built up gradually, through investments and savings, and reduces the risk of education costs having to be funded by income or borrowing.
Our advisers help parents and grandparents make provision for the costs of educating their loved ones, in a way that minimises risk and maximises tax-efficiency.
How we work
Our advisers will draw up an investment plan of regular contributions or lump sum deposits, or a combination of the two if desired. Your plan will be made with a target amount in mind, and a desired date at which this should be realised, so that yearly amounts can be withdrawn when needed in order to meet the burden of school or university fees. Traditionally lower-risk, tax-efficient investments, such as ISAs, are likely to be appropriate.